Bill Text: NJ A5608 | 2018-2019 | Regular Session | Chaptered
Bill Title: Allows purchase of lottery tickets through decoupled debit payment method; makes appropriation.*
Spectrum: Partisan Bill (Democrat 4-0)
Status: (Passed) 2019-07-05 - Approved P.L.2019, c.155. [A5608 Detail]
Download: New_Jersey-2018-A5608-Chaptered.html
§1 - C.5:9-14.4
§2 - Approp.
§3 - Note
An Act concerning the purchase of lottery tickets through decoupled debit as an electronic fund payment method 1[and],1 supplementing P.L.1970, c.13 (C.5:9-1 et seq.) 1, and making an appropriation1.
Be It Enacted by the Senate and General Assembly of the State of New Jersey:
1. a. For the purposes of this act, P.L. , c. (C. ) (pending before the Legislature as this bill), "decoupled debit" means an electronic fund transfer by an entity that does not hold the enrolled user's bank account and uses the automated clearing house network to debit the user's checking account for the settlement of transactions.
b. Notwithstanding the provisions of any other law, rule, or regulation to the contrary, a licensed lottery sales agent operating in this State may accept decoupled debit as a form of payment from patrons for the purchase of lottery tickets.
c. The State Lottery Commission shall promulgate rules and regulations, pursuant to the "Administrative Procedure Act," P.L.1968, c.410 (C.52:14B-1 et seq.), as may be needed to effectuate the provisions of this act.
12. In addition to the amounts appropriated to the retirement systems, as defined in section 2 of P.L.2017, c.98 (C.5:9-22.7), for the fiscal year ending June 30, 2020 pursuant to P.L. , c. , there is appropriated an amount, subject to the approval of the Director of the Division of Budget and Accounting, to such retirement systems as necessary to ensure that the aggregate contribution to all retirement systems administered by the Division of Pensions and Benefits and the Division of Investments equals $3,792,013,000.1
1[2.] 3.1 This
act shall take effect on the first day of the third month following enactment,
except that the State Lottery Commission may take any anticipatory
administrative action in advance as shall be necessary for the implementation
of this act.
Allows purchase of lottery tickets through decoupled debit payment method; makes appropriation.